For these reasons Bank of America could prohibit transactions in this state

In the state of Louisiana in USAthe financial institution Bank of America, could prohibit the transactions.

State Treasurer John Fleming has called for a ban on the bank and anything involving state deposits.

Why was the decision made?

The reason Fleming alerted users is because the financial institution has allegedly denied service to clients based on their religious beliefs.

You may also like: How much do you need to earn per year to buy a home in the most affordable cities in the US?

It is worth mentioning that in November 2023, the bank de-banked two Christian organizations: Timothy Two Project International and Indigenous Advance Ministries, because their activities were related to faith.

Bank of America

The bank categorically denied allegations of discrimination against it, saying religious beliefs are not a factor in the bank’s decision about accounts.

With information from The Chronicler

Visit our section: International

#reasons #Bank #America #prohibit #transactions #state
2024-08-23 11:45:10

Share:

Facebook
Twitter
Pinterest
LinkedIn

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.